Daily Market Brief
The overall market gained 0.2% largely attributed by large cap counter that improved by 0.3%. NSE 20 and NSE 25 counters rose by 0.2% and 0.3% respectively. Banks jumped by 0.1% on average.
Volumes traded attracted a 39.0% improvement to 33.04Mn from 23.77Mn shares constituting to a 91.2% surge in turnover from KES 734.87Mn to KES 1404.86Mn.
KCB Group was the top mover with a turnover of KES 784.65Mn after 13.08Mn shares were traded. The second and third top movers of the day were Equity Group and Safaricom with turnovers of KES 282.48Mn and KES 218.56Mn respectively.
Foreign activities dropped from 43.1% to 28.5% with a slight drop in net foreign inflow from KES 125.38Mn to KES 124.67Mn. Major net foreign exits were noted on Equity Group and Stanbic while net foreign inflows happened on Safaricom.
Secondary bonds’ turnover sunk by 2.9% from KES 13.64Bn to KES 13.24Bn whereas a 34.0% decline in number of deals was noted. The most traded paper was FXD1/2012/15yr with a turnover of KES3.0Bn.
The Central Bank of Kenya re-opened two papers for January 2026 primary auction, FXD1/2019/020 (13.2-years, 12.873% coupon) and FXD1/2022/025 (21.8-years, 14.188% coupon), targeting KES 60 billion for budgetary support. At the same time, they announced a Switch of KES 20.00Bn from FXD1/2016/010 (0.6-years, 15.0390% coupon) to FXD1/2022/015 (11.3-years, 13.9420% coupon) in a move that is seen to re-structure its debts.
